PROJECT PNEUMA INC

EIN: 473524536 501(c)(3) Youth Development

GWYNN OAK, MD

Total Revenue
$1,272,833
Total Expenses
$1,294,188
Total Assets
$215,136
Net Assets
$162,870
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MD
Principal Officer
DAMION COOPER
Phone
4104504400
Tax Period
2023-01-01 to 2023-12-31

PROJECT PNEUMA INC, founded in 2018, is a community nonprofit in the Youth Development sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum.

Mission

TO BREATHE NEW LIFE HOLISTICALLY INTO THE YOUNG MEN WE SERVE BY CHALLENGING THEM INTELLECTUALLY, STRENGTHENING THEM PHYSICALLY, NUTURING THEM EMOTIONALLY AND UPLIFTING THEM SPIRITUALLY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $902,909
Program Service Revenue $369,924
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,272,833

Expense Breakdown

Grants Paid $0
Salaries & Benefits $764,116
Fundraising Expenses $0
Program Expenses $491,952
Other Expenses $530,072
TOTAL EXPENSES $1,294,188

Year-over-Year Comparison

2023 2022 Change
Revenue $1,272,833 $791,321 +0.6%
Expenses $1,294,188 $1,561,912 -0.2%
Net Income $-21,355 $-770,591 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
20
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$214,406
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN BARTNESS CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR MARTHA JAMES VICE-CHAIR 1.00
Officer Director
$0 $0 $0
CHANNA WILLIAMS CHAIR OF FINANCE AND AUDIT COMMITTEE 1.00
Officer Director
$0 $0 $0
ALAINA BEVERLY ESQUIRE DIRECTOR 1.00
Director
$0 $0 $0
COUNCILMAN JOHN T BULLOCK DIRECTOR 1.00
Director
$0 $0 $0
KWAME TANNER DIRECTOR 1.00
Director
$0 $0 $0
DR GINA MERRITT MBA DIRECTOR 1.00
Director
$0 $0 $0
LEON PINKETT DIRECTOR 1.00
Director
$0 $0 $0
MALCOLM P RUFF ESQ DIRECTOR 1.00
Director
$0 $0 $0
STACEY ULLRICH DIRECTOR 1.00
Director
$0 $0 $0
DAMION COOPER FOUNDER AND EXECUTIVE DIRECTOR 40.00
Officer
$141,714 $0 $141,714
CAROLYN MOZELL CHIEF OPERATING OFFICER 40.00
Officer
$72,692 $0 $72,692
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $1,272,833 $1,294,188 $215,136 $-21,355
2022 $791,321 $1,561,912 $225,643 $-770,591
2021 $1,611,731 $1,095,909 $917,579 $515,822
2020 $722,643 $824,768 $350,978 $-102,125
2019 $969,138 $701,480 $393,790 $267,658
2018 $178,304 $128,177 $125,173 $50,127
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